 |
|
 |  |  |  |
Legal & General (L&G) has today entered into the European pension risk transfer market, with its first deal in Holland. L&G is now writing pension risk transfer business in the UK, US and Europe. |
ASR Nederland NV, a Dutch insurer, is transferring €200 million of pension obligations to Legal & General Re (L&G Re), our global reinsurer, in cooperation with Hannover Re. Manfred Maske, CEO of Legal & General Re said: “Entry into the European pensions risk transfer market represents a significant milestone for L&G Re. Put together with the recent European Union announcement of full Solvency II equivalence for Bermuda this has been a terrific couple of weeks for L&G Re.” Legal & General Re was set up in 2014 as a reinsurance hub to grow the international pension risk transfer business. This is the first deal executed through L&G Re. Kerrigan Procter, Managing Director, Legal & General Retirement added: “The pension risk transfer business has become a global business for Legal & General. The potential market for pension risk transfer in the US, UK, and Europe is huge, and will play out over many decades. “The entry into Europe and our recent $450 million US Royal Philips transaction show case our unique one stop solutions providing our clients; pension risk transfer expertise, asset management skills, and global reinsurance capabilities.”
In October Legal & General America announced its first pension risk transfer deal with the US subsidiary of Royal Philips for approximately $450 million. Globally as at 30 September 2015, Legal & General manages an annuity book of over £43 billion, and provides annuity benefits to over a million customers. |
|
|
|
| Take the lead client-facing projects ... | ||
| Various locations - Negotiable | ||
| Choose Life! Choose a major global co... | ||
| Various locations - Negotiable | ||
| Actuarial skillset? Apply now for Snr... | ||
| South East / hybrid with travel requirements - Negotiable | ||
| Financial Risk Leader - ALM Oversight | ||
| Flex / hybrid - Negotiable | ||
| Be the very model of a modern Capital... | ||
| London - Negotiable | ||
| Pensions Actuary seeking a high-impac... | ||
| London or Scotland / hybrid 3dpw office-based - Negotiable | ||
| Great opportunity for Pensions Actuar... | ||
| London or Scotland / hybrid 3dpw office-based - Negotiable | ||
| Responsible Investing Manager - Clima... | ||
| London/Hybrid - Negotiable | ||
| Quant Strategist | ||
| London/Hybrid - Negotiable | ||
| Multiple remote longevity contracts | ||
| Fully remote - Negotiable | ||
| Multiple remote inflation hedging con... | ||
| Fully remote - Negotiable | ||
| Play a vital role in shaping a new He... | ||
| London or Scotland / hybrid 50/50 - Negotiable | ||
| Support the Longevity team of a globa... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Delve into financial risk within a ma... | ||
| Wales / South West / hybrid 1dpw office-based - Negotiable | ||
| Project-based Life Pricing Actuarial ... | ||
| South West / hybrid 2 dpw office-based - Negotiable | ||
| Pricing Actuary | ||
| London - £120,000 Per Annum | ||
| Develop your career in motor pricing | ||
| UK-wide / hybrid 2 dpm office-based - Negotiable | ||
| Experience real career growth in home... | ||
| UK-wide / hybrid 2 dpm office-based - Negotiable | ||
| Be at the cutting edge of technical p... | ||
| UK-wide / hybrid 2 dpm office-based - Negotiable | ||
| Use your passion for innovation and t... | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2026 Actuarial Post. Created by Zero-One Design Ltd
